Auction Location: LJ Hooker Darwin 1/25 Parap Road

An outstanding opportunity to secure a substantial DHA investment in the heart of Darwin City, this spacious 193m� apartment offers the perfect combination of generous proportions, modern comfort and secure long-term income.

Designed for easy city living, the apartment features two well-sized bedrooms, two bathrooms and an expansive open-plan living and dining area that effortlessly extends onto a large balcony, ideal for entertaining or unwinding after a busy day. The modern kitchen is thoughtfully designed with quality finishes, ample storage and excellent functionality, making it equally appealing to owner occupiers.

Adding further appeal are two secure basement car parks, along with access to a swimming pool and an unbeatable location just moments from the Waterfront Precinct, cafés, restaurants, shopping and the CBD.

Currently leased at $780 per week until 11 June 2028, with annual rent reviews, this property provides investors with immediate cash flow and long-term security, making it a truly set-and-forget investment.

Property Features

• Spacious 193m� apartment
• Two generous bedrooms
• Two modern bathrooms
• Large balcony ideal for entertaining
• Modern kitchen with quality finishes
• Expansive open-plan living and dining
• Two secure basement car parks
• swimming pool
• Prime Darwin City location
• Currently leased at $780 per week - increase every december
• Lease in place until 11 June 2028
• Annual rent reviews

With an exceptional floorplan, secure rental income and a blue-chip CBD location, this is an outstanding opportunity to add a quality asset to your investment portfolio.

Body Corporate: $1,858.00 per QTR

Council Rates : $1460 per Annum

This property is private inspections only, please contact Riley Loy or Sammy Ishmam to organise an inspection